Elvira Nabiullina Biography

Elvira Sakhipzadovna Nabiullina is a Russian economist and head of the Central Bank of Russia. She was Russian President Vladimir Putin's economic adviser between May 2012 to June 2013 after serving as minister of economic development and trade from September 2007 to May 2012. As of 2014 she is listed as the 72nd most powerful woman in the world by Forbes.
Between 1991 and 1994 Nabiullina worked at the USSR Science and Industry Union and its successor the Russian Union of Industrialists and Entrepreneurs. In 1994 she moved to the Ministry for Economic Development and Trade where she rose to the level of deputy minister by 1997; she left the ministry in 1998. She spent the next two years with Sberbank as its chief executive and with former Economic Development and Trade Minister German Gref's non-governmental think tank the Center for Strategic Development before returning to the Ministry for Economic Development and Trade as first deputy in 2000. Between 2003 and her September 2007 appointment as minister she chaired the Center for Strategic Development as well as an advisory committee preparing for Russia's 2006 presidency of the G8 group of nations.
Russian President Putin appointed Nabiullina to the post of minister of economic development and trade on 24 September 2007 replacing Gref. She found working with then-deputy premier and finance minister Alexei Kudrin difficult but always interesting and remained in that position until 21 May 2012. In 2012 she was one of six senior government figures to accompany Putin back to the Kremlin administration after Putin was elected president of Russia for a third term.

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